OIL & GAS NEWS —
As part of move towards increasing Nigeria’s crude oil production and growing its reserves, the Nigeria National Petroleum Company Limited (NNPC Ltd) has declared a state of emergency on production in Nigeria’s oil and gas industry.
Group Chief Executive Officer of NNPC Ltd, Mele Kyari, disclosed this while giving a keynote address at the opening ceremony of the 23rd edition of the Nigeria Oil & Gas Conference and Exhibition (NOG Energy Week) in Abuja, on Tuesday.
According to the NNPC Limited boss, there is need to ramp up oil production to grow local capacity saying the Company is working vigorously to close the two million barrels per day oil gap as Nigeria currently produces between 1.2 million and 1.4 million barrels per day...
tribuneonlineng.com
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Wed Apr 09 2025 03:27:39 GMT+0000 (Coordinated Universal Time)
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NNPC has declared a state of emergency on production in Nigeria's oil and gas industry
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Published (Updated) on Wednesday, July 3, 2024
• Vaccine stocks fall • Apple faces $162 million fine • BoE plans to raise deposit guarantee, and more - Monday 31/March/2025 Top Business Headlines
• China invites U.S. business leaders • Alibaba to support Nigerian exporters • US farmers express dismay, and more - Wednesday 26/March/2025 Top Business Headlines
• Copper price hits $10,000 • Nigerian Naira becoming the most unpredictable currency • Trump imposes sanctions on China, and more - Monday 24/March/2025 Top Business Headlines
• Bank of England holds interest rates unchanged at 4.5 percent on Thursday
• Ex Rivers State Governor Nyesom Wike (Now FCT Minister) Receives Godswill Akpabio the Senate President of Nigeria at His Residence in Abuja on Tuesday 18th, March 2025 - Photo News
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